Italy Sealants Market Size

The Italy sealants market is experiencing growth driven primarily by the construction industry, which significantly contributes to the country's GDP. The diverse applications of sealants in construction, such as waterproofing and joint-sealing, are key factors in this expansion. Additionally, the market is supported by demand from the electronics and healthcare sectors, where sealants are used for protective and assembly purposes, respectively. The anticipated growth in these sectors, along with government investments in medical technology, is expected to further enhance the market's scale and scope over the forecast period.

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Market Size of italy sealants Industry

Italy Sealants Market Summary
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svg icon Study Period 2017 - 2028
svg icon Market Size (2024) USD 190.55 Million
svg icon Market Size (2028) USD 239.95 Million
svg icon Largest Share by End User Industry Building and Construction
svg icon CAGR (2024 - 2028) 5.93 %
svg icon Fastest Growing by End User Industry Building and Construction

Major Players

Italy Sealants Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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Italy Sealants Market Analysis

The Italy Sealants Market size is estimated at 190.55 million USD in 2024, and is expected to reach 239.95 million USD by 2028, growing at a CAGR of 5.93% during the forecast period (2024-2028).

190.55 Million

Market Size in 2024 (USD)

239.95 Million

Market Size in 2028 (USD)

5.55 %

CAGR (2017-2023)

5.93 %

CAGR (2024-2028)

Largest Market by End-user Industry

43.62 %

value share, Building and Construction, 2023

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In the Italian sealants market, building and construction is the dominant end-user industry owing to the wide range of sealant applications, including joint sealing, heat insulation, glazing, and façade.

Fastest Growing Market by End-user Industry

6.06 %

Projected CAGR, Building and Construction, 2024-2028

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Building and construction is expected to be the fastest-growing end-user industry segment of the market owing to the increasing demand for luxurious homes in residential complexes.

Largest Market by Resin

44.42 %

value share, Silicone, 2023

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Silicone sealants hold the largest market share owing to their wide-ranging applications in the building and construction and automotive industries, specifically for exterior applications.

Fastest Growing Market by Resin

6.05 %

Projected CAGR, Silicone, 2024-2028

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Due to its excellent tear and abrasion resistance and wide usage in building and construction and automotive end-user industries, silicone sealant is projected to be the fastest-growing resin segment.

Leading Market Player

29.68 %

market share, MAPEI S.p.A., 2021

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MAPEI SpA has been witnessing increased sales volume in the market due to its extensive range of polyurethane and epoxy sealants that can meet any kind of construction needs.

With new construction and renovation of old buildings demand for sealants will rise

  • The Italian sealants market is majorly driven by the construction industry, followed by the other end-user industries segment due to the diverse applications of sealants in building and construction activities, such as waterproofing, weather-sealing, cracks-sealing, and joint-sealing. The Italian construction industry accounted for nearly 8% of the country's GDP. In 2018, Italy registered more than 490,000 companies in construction and related works. Due to the adverse impacts of the COVID-19 pandemic, the Italian construction industry's growth declined by 10.1% in 2020.
  • A variety of sealants are widely used in electronics and electrical equipment manufacturing for potting and protecting applications. The Italian electronics market registered significant growth mostly due to the high demand for large household appliances, consumer electronics, and telephony. This is expected to foster the demand for sealants from the other end-user industries segment. A range of applications of sealants in the locomotive and DIY industries is expected to boost the demand for sealants by 2028.
  • Sealants have diverse applications in the healthcare industry, and Italy has achieved significant development in the manufacturing of medical equipment over the decades. Sealants are used for healthcare applications such as assembling and sealing medical device parts. The country counted nearly 4,323 companies in the medical device and technology market. The Italian government also announced plans to invest EUR 1.18 billion to upgrade 3,133 devices at the end of 2024. Thus, such a trend is expected to augment the demand for medical-grade sealants over the coming years.
Italy Sealants Market

Italy Sealants Industry Segmentation

Aerospace, Automotive, Building and Construction, Healthcare are covered as segments by End User Industry. Acrylic, Epoxy, Polyurethane, Silicone are covered as segments by Resin.

  • The Italian sealants market is majorly driven by the construction industry, followed by the other end-user industries segment due to the diverse applications of sealants in building and construction activities, such as waterproofing, weather-sealing, cracks-sealing, and joint-sealing. The Italian construction industry accounted for nearly 8% of the country's GDP. In 2018, Italy registered more than 490,000 companies in construction and related works. Due to the adverse impacts of the COVID-19 pandemic, the Italian construction industry's growth declined by 10.1% in 2020.
  • A variety of sealants are widely used in electronics and electrical equipment manufacturing for potting and protecting applications. The Italian electronics market registered significant growth mostly due to the high demand for large household appliances, consumer electronics, and telephony. This is expected to foster the demand for sealants from the other end-user industries segment. A range of applications of sealants in the locomotive and DIY industries is expected to boost the demand for sealants by 2028.
  • Sealants have diverse applications in the healthcare industry, and Italy has achieved significant development in the manufacturing of medical equipment over the decades. Sealants are used for healthcare applications such as assembling and sealing medical device parts. The country counted nearly 4,323 companies in the medical device and technology market. The Italian government also announced plans to invest EUR 1.18 billion to upgrade 3,133 devices at the end of 2024. Thus, such a trend is expected to augment the demand for medical-grade sealants over the coming years.
End User Industry
Aerospace
Automotive
Building and Construction
Healthcare
Other End-user Industries
Resin
Acrylic
Epoxy
Polyurethane
Silicone
Other Resins
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Italy Sealants Market Size Summary

The Italian sealants market is experiencing growth driven primarily by the construction industry, which plays a significant role in the country's economy. Sealants are essential in various construction activities, including waterproofing, weather-sealing, and joint-sealing, contributing to the sector's robust demand. Despite challenges posed by the COVID-19 pandemic, which temporarily hindered construction activities, the market is poised for recovery and expansion. The government's initiatives to boost public and private investments in infrastructure, along with incentives for residential construction, are expected to further stimulate the market. Additionally, the electronics and healthcare sectors are emerging as significant contributors to sealant demand, with applications in electronics manufacturing and medical device assembly.

The automotive industry in Italy, a major European manufacturer, also influences the sealants market. Although the sector faced setbacks due to economic and regulatory challenges, the rise in electric vehicle production has created new opportunities for sealant applications. The market is moderately consolidated, with key players like 3M, Henkel AG & Co. KGaA, MAPEI S.p.A., Sika AG, and Soudal Holding N.V. leading the industry. Innovations, such as WACKER's renewables-based silicone sealants, are expanding product offerings and catering to evolving market needs. As the construction, electronics, healthcare, and automotive sectors continue to develop, the Italian sealants market is expected to grow steadily over the forecast period.

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Italy Sealants Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)

    1. 1.1 End User Industry

      1. 1.1.1 Aerospace

      2. 1.1.2 Automotive

      3. 1.1.3 Building and Construction

      4. 1.1.4 Healthcare

      5. 1.1.5 Other End-user Industries

    2. 1.2 Resin

      1. 1.2.1 Acrylic

      2. 1.2.2 Epoxy

      3. 1.2.3 Polyurethane

      4. 1.2.4 Silicone

      5. 1.2.5 Other Resins

Italy Sealants Market Size FAQs

The Italy Sealants Market size is expected to reach USD 190.55 million in 2024 and grow at a CAGR of 5.93% to reach USD 239.95 million by 2028.

In 2024, the Italy Sealants Market size is expected to reach USD 190.55 million.

Italy Sealants Market Report Snapshots

Italy Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028